Great Portland Estates (LON:GPE) Insider Buys 42 Shares

Great Portland Estates Plc (LON:GPE) insider Toby Courtauld bought 42 shares of the company’s stock in a transaction on Friday, July 31st. The stock was purchased at an average cost of GBX 354 per share, for a total transaction of £148.68.

Toby Courtauld also recently made the following trade(s):

• On Tuesday, June 30th, Toby Courtauld purchased 45 shares of Great Portland Estates stock. The shares were purchased at an average price of GBX 334 per share, with a total value of £150.30.
• On Tuesday, June 2nd, Toby Courtauld sold 29,288 shares of Great Portland Estates stock. The shares were sold at an average price of GBX 314, for a total value of £91,964.32.
• On Friday, May 29th, Toby Courtauld purchased 48 shares of Great Portland Estates stock. The stock was purchased at an average cost of GBX 312 per share, with a total value of £149.76.

Great Portland Estates Stock Up 1.1%

LON:GPE traded up GBX 3.76 during mid-day trading on Monday, reaching GBX 352.76. The stock had a trading volume of 595,968 shares, compared to its average volume of 4,544,997. The business’s 50 day moving average is GBX 327.38 and its 200 day moving average is GBX 323.73. Great Portland Estates Plc has a fifty-two week low of GBX 270 and a fifty-two week high of GBX 377. The stock has a market cap of £1.42 billion, a P/E ratio of 9.26, a PEG ratio of 2.22 and a beta of 0.91. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46.

Great Portland Estates (LON:GPE) last posted its earnings results on Thursday, June 25th. The company reported GBX 3.90 earnings per share (EPS) for the quarter. The firm had revenue of GBX 5,460 million during the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. As a group, sell-side analysts predict that Great Portland Estates Plc will post 6.1719457 earnings per share for the current year.

Wall Street Analysts Forecast Growth

GPE has been the topic of a number of recent research reports. Berenberg Bank cut their price target on shares of Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating on the stock in a report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 450 target price on shares of Great Portland Estates in a research report on Thursday, April 16th. Shore Capital Group restated a “buy” rating on shares of Great Portland Estates in a report on Friday, May 8th. Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 370 price target on shares of Great Portland Estates in a research report on Wednesday, April 15th. Finally, UBS Group reiterated a “sell” rating and set a GBX 315 price target on shares of Great Portland Estates in a research note on Monday, May 18th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of GBX 388.22.

About Great Portland Estates

GPE is a FTSE 250 real estate investor and developer. GPE aims to deliver superior returns by unlocking the often hidden potential in commercial real estate in central London, creating high quality sustainable spaces for its customers and long-term value for its stakeholders.